This development also reinforces BSO's partnership with DGCX - Dubai Gold & Commodities Exchange. DGCX continues to grow as a globally strategic trading location, with the exchange reporting growth of 43% during its most recent company statement. Many of DGCX's products are in high demand due to volatility in global markets and a resurgence of gold as an investment safe haven.
DGCX today accounts for 36% of the global exchange traded market share in the Indian rupee. The exchange recently entered into an agreement with the Shanghai Gold Exchange to list Shanghai Gold Futures on its exchange. It will be the first yuan-denominated gold future product to be offered outside of China and it will use the Shanghai Gold Benchmark Price as its pricing mechanism.
"High Frequency Traders and algorithmic traders will benefit immensely from our new latencies," says Michael Ourabah, CEO at BSO. "Dubai and DGCX are extremely popular marketplaces for the international financial community and we are constantly refining our network to ensure our customers are always one step ahead of competitors."
This news coincides with BSO's sponsorship and attendance at FOW Trading GCC where the team are available to discuss this announcement. Please email firstname.lastname@example.org to arrange a meeting at the event.
BSO is the Ethernet network, cloud and hosting provider of choice for global businesses wanting superior technology infrastructure and connectivity to the world's most dynamic marketplaces. The company pioneers technology across emerging and established markets, designing solutions that offer the highest availability and lowest latency in the industry. Headquartered in London, BSO's global network reaches every continent and spans 20 countries with 91 data centre locations.
BSO is redefining connectivity through best-in-class services, global knowledge base and a unique approach to the customer experience. The company continually strives to innovate and invest in its own services to ensure its solutions evolve in parallel with the finance community. For more information, please visit http://www.bsonetwork.com. Follow BSO on Twitter and LinkedIn.